Starrex International (STX) AI Stock Analysis

• Market Cap: $2.56M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): -0.16
• Revenue Growth: 41.71%
• EPS Growth: -257.70%
• Country: CA
• Employees: N/A
• Sector: Financial
• Sector Strength: 81
• Industry: Financial - Mortgages
• EPS (TTM): -0.53
• Shares Outstanding: 16,546,112
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: 0.03
• Price to Book (P/B): 0.86
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.30
• Enterprise Value/Market Cap: 3.05
• Enterprise Value/Revenue: 0.23
• Enterprise Value/Gross Profit: 1.67
• Enterprise Value/Ebitda: -0.60
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 42 Neutral
• Price Target: ―

Starrex International's overall stock score is significantly impacted by weak financial performance and poor valuation. The technical analysis shows some stability, but the overbought condition warrants caution. The lack of earnings call data and corporate events limits positive outlook adjustments.

Starrex International Business Overview & Revenue Model

Company Description

Starrex International (STX) operates in the real estate and financial services sectors, primarily focusing on delivering a range of property appraisal services and mortgage origination solutions. The company is committed to providing comprehensive support to financial institutions, real estate professionals, and individual clients through its subsidiaries, which include real estate appraisal management companies and mortgage services providers.

How the Company Makes Money

Starrex International makes money by offering property appraisal management services and mortgage origination solutions. Revenue is primarily generated through service fees charged for property appraisals and management of appraisal services for financial institutions. Additionally, the company earns income from its mortgage services division by facilitating mortgage origination and processing, which involves collecting fees from lenders and borrowers. Strategic partnerships with banks, credit unions, and other financial entities contribute to its earnings by providing a steady stream of appraisal and mortgage processing requests.

Starrex International Financial Statement Overview

Summary

Starrex International's financial performance is concerning, with declining revenue, negative profitability margins, increased leverage, and negative cash flow. These factors indicate significant financial instability and risk.

Income Statement

Starrex International's income statement reflects a challenging financial position with significant declines in revenue, deteriorating margins, and substantial net losses. The company experienced a revenue decline of 73.5% from 2021 to 2022, followed by a slight recovery in 2023. Gross profit margin dropped significantly, and both EBIT and EBITDA margins are negative, indicating operational inefficiencies. The net profit margin has worsened from a positive 10.92% in 2022 to a negative position in 2023, highlighting profitability issues.

Balance Sheet

The balance sheet shows a weakened equity position with a significant reduction in stockholders' equity from 2022 to 2023. The debt-to-equity ratio has increased drastically due to rising total debt and shrinking equity, indicating higher leverage risk. The equity ratio has declined, showing a reduced proportion of assets financed by equity. Despite a higher total asset base, the increase in liabilities suggests potential liquidity challenges.

Cash Flow

Cash flow analysis reveals negative operating and free cash flow in recent years, raising concerns about the company's ability to generate cash from its operations. The operating cash flow to net income ratio is negative, indicating that the company is not converting its earnings into cash effectively. Free cash flow growth is negative due to persistent operating losses and capital expenditures, reflecting cash flow pressures.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
9.88M	9.88M	3.81M	20.72M	17.05M	12.08M
	Gross Profit
4.69M	2.79M	3.00M	17.97M	14.67M	1.85M
	EBIT
-5.78M	-1.56M	-828.83K	757.52K	1.78M	-1.00M
	EBITDA
-4.86M	-4.29M	-537.76K	105.08K	2.14M	-591.74K
	Net Income Common Stockholders
-6.39M	-5.49M	4.16M	534.56K	1.69M	-1.05M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.74M	2.34M	7.86M	2.17M	1.49M	145.82K
	Total Assets
11.65M	13.01M	11.45M	5.70M	4.70M	3.30M
	Total Debt
7.73M	7.77M	1.03M	298.38K	138.98K	560.18K
	Net Debt
5.99M	5.43M	-6.83M	-1.87M	-1.35M	414.36K
	Total Liabilities
9.22M	9.23M	3.26M	2.23M	1.85M	2.46M
	Stockholders Equity
2.44M	3.78M	8.19M	3.47M	2.85M	842.88K
Cash Flow		Free Cash Flow
-2.96M	-2.08M	-1.30M	744.00K	978.39K	-134.37K
	Operating Cash Flow
-2.94M	-2.07M	-1.24M	1.05M	998.75K	-127.15K
	Investing Cash Flow
-1.21M	-5.02M	6.19M	-302.81K	-20.37K	-7.22K
	Financing Cash Flow
460.48K	1.58M	733.01K	-65.43K	369.39K	119.84K

Starrex International Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:STX, the sentiment is Positive. The current price of 0.16 is below the 20-day moving average (MA) of 0.16, below the 50-day MA of 0.16, and above the 200-day MA of 0.16, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 100.00 is Negative, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:STX.

Starrex International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MDA	80 Outperform	C$3.63B	36.41	8.54%	―	49.98%	108.76%
OTEX	74 Outperform	$9.89B	11.24	15.87%	3.71%	-8.74%	307.82%
CSU	74 Outperform	C$104.07B	100.97	27.41%	0.11%	20.99%	33.05%
DSG	71 Outperform	$11.96B	59.55	10.66%	―	17.42%	22.81%
ENGH	68 Neutral	$1.32B	16.80	13.26%	4.49%	5.12%	-2.77%
Sector *	64 Neutral	$12.86B	9.79	7.78%	16985.65%	12.28%	-7.82%
STX	42 Neutral	$2.56M	―	-145.14%	―	41.71%	-257.70%